Okta Inc

OKTA remains in a Stage 2 advancing regime with a strong sequence of higher highs and higher lows and rising EMAs. After peaking near recent highs, price has pulled back into the dynamic 9/21 EMA support zone on contracting volume and is holding, confirming intermediate structure. With both medium- and long-term biases still bullish, short-term timing now favors participation on this pullback near the rising EMA cluster. The primary risk is a failure to hold this support, which would invalidate the medium-term bullish bias amid extended RSI conditions.

• ↑EPS $0.91 and revenue $765M, 11.2% YoY, above forecasts
• ↑RPO grew 16% to $4.72B, signaling strong future revenue
• ↓Elevated leverage risk could limit flexibility in rising rates